BR100 Decreased By (-0.22%)
BR30 Decreased By (-0.17%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.79 Decreased By ▼ -0.02 (-0.26%)
BECO 5.19 Decreased By ▼ -0.02 (-0.38%)
BML 57.75 Increased By ▲ 0.25 (0.43%)
BOP 34.09 Increased By ▲ 0.06 (0.18%)
CNERGY 9.90 Decreased By ▼ -0.06 (-0.6%)
CSIL 5.35 Increased By ▲ 0.04 (0.75%)
FCCL 54.60 Decreased By ▼ -0.10 (-0.18%)
FFL 16.71 Increased By ▲ 0.02 (0.12%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.33 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.75 Decreased By ▼ -0.02 (-0.35%)
LOTCHEM 29.19 Decreased By ▼ -0.13 (-0.44%)
MLCF 93.50 Decreased By ▼ -0.86 (-0.91%)
NBP 202.84 Decreased By ▼ -0.21 (-0.1%)
NCPL 56.50 Decreased By ▼ -0.50 (-0.88%)
NPL 67.84 Increased By ▲ 0.14 (0.21%)
OGDC 316.20 Increased By ▲ 0.36 (0.11%)
PACE 10.65 Increased By ▲ 0.01 (0.09%)
PAEL 43.00 Decreased By ▼ -0.20 (-0.46%)
PIBTL 16.70 Decreased By ▼ -0.04 (-0.24%)
PPL 218.75 Decreased By ▼ -1.03 (-0.47%)
PRL 49.45 Increased By ▲ 0.26 (0.53%)
PTC 70.61 Increased By ▲ 0.08 (0.11%)
SSGC 27.90 Decreased By ▼ -0.35 (-1.24%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.79 No Change ▼ 0.00 (0%)
TPL 18.20 Decreased By ▼ -0.04 (-0.22%)
TPLP 13.38 Increased By ▲ 0.11 (0.83%)
TREET 22.52 Decreased By ▼ -0.20 (-0.88%)
TRG 60.34 Increased By ▲ 0.20 (0.33%)

KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, has recently introduced mobile-based contactless payment service for its customers through its Mobile Banking App.

Based on the Near Field Communications (NFC) technology, the service, named – ‘Meezan Mobile Tap & Go’ enables customers to pay by simply tapping their NFC enabled Android smartphones at POS (Point of Sale) machines of merchant outlets with NFC capability.

“Meezan Bank is the pioneer in introducing contactless cards in Pakistan. With Meezan Tap & Go initiative, Meezan Bank has further strengthened its position as the dominant player in digital payments.

We always bring the latest global innovations to our customers to improve their payments experience. Moreover, due to Covid-19, contactless payments have become all the more important and we encourage our customers to use payment methods that are safe and secure,” said Shariq Mubeen - Head Alternate Distribution Channels, Meezan Bank.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.